business solutions > cost
Following items should be considered while understanding complete IT Cost:
HARD COST | SOFT COST |
Direct Employees | Capital Cost |
Employee IT Training | Employee Productivity |
Employee Management (HR) | Business Risk(s) |
3rd Party Contracts (Mgmt.) | Functionality |
Technology Costs (Hardware, Software & Licenses) | Opportunity Cost |
Technology Vendor Management | Business Downtime |
Subscription Services (Cloud/Security) | Staff Training |
Technology Downtime | Compliance and Regulations |